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Updated over 5 years ago on . Most recent reply

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252
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Alex G.
  • Eastern Mass & Central Maine
135
Votes |
252
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No property sale record on MLS?

Alex G.
  • Eastern Mass & Central Maine
Posted

I am doing the due diligence on a duplex in Central Maine (https://www.realtor.com/realestateandhomes-detail/46-E-School-St_Oakland_ME_04963_M42271-18089?view=qv) trying to determine how much the seller paid for the property in 2006. The town assessor puts the number at $80,000 citing public record. The Kennebec County Registry of Deeds has a contemporaneous mortgage record. However, my agent says that MLS has no record of the sale.

Does this mean the property was not MLS-listed and changed hands by way of off-market sale?

Most Popular Reply

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46
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48
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Greg Szymbor
  • Rental Property Investor
  • Southern, ME
48
Votes |
46
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Greg Szymbor
  • Rental Property Investor
  • Southern, ME
Replied

@Alex G.

This could have very well been an off MLS deal. Now I'm not sure exactly when agents in Maine started using the online MLS on a regular basis or if your agent could dig up any information on paper that the previous agent might not have put in online records!

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